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Record household debt raises fears interest rate rise could lead to recession – Sydney Morning Herald
Australian households are carrying record levels of debt. The RBA says that means only modest increases in future interest rate…
You might get 100 points over a couple of years, but it would require the economy to be growing much faster, inflation to be much higher and wages growth very much higher than it is now.
Dr Oliver said given the level of debt carried by households, even…
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